MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-10-0003860
Growmore Logistics Private Limited - transport and logistics in Jamnagar, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.57 Cr
▲ 162% YoY
Net profit · FY 2025
₹14.68 Lakh
Net margin 0.5%
EBITDA · FY 2025
₹2.09 Cr
EBITDA margin 7.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Open charges
₹13.88 Cr
Satisfied ₹9.98 Cr
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Growmore Logistics Private Limited
Data last updated:
Growmore Logistics Private Limited is a private limited company based in Jamnagar, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 04 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63040GJ2011PTC066637. Its GSTIN is 24AAECG4773H1ZK (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Hirenpal Singh Deora and Harishchandrasinh Ajitsinh Sodha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 2/33 GIDC Shanker Tekri, Jamnagar, Gujarat, India – 361004.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.57 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.68 Lakh (net margin 0.5%) and EBITDA of ₹2.09 Cr (EBITDA margin 7.6%). Revenue has grown at a compounded annual rate (CAGR) of 60% over three years and 370% over five years.
As per MCA filings, the company has open charges of ₹13.88 Cr and satisfied charges of ₹9.98 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Growmore Logistics Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-10-0003860). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website growmorebrass.com.
Company details
CIN U63040GJ2011PTC066637
Registration Number 066637
Incorporation Date 04 August 2011
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-10-0003860
Key People
Hirenpal Singh Deora Director Harishchandrasinh Ajitsinh Sodha Director Rishit Nilesh Bhanderi Director Recognitions & Rankings of Growmore Logistics
Contact details
Growmore Logistics Private Limited's registered office is in Jamnagar, Gujarat. Its website is growmorebrass.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 2/33 GIDC Shanker Tekri, Jamnagar, Gujarat, India – 361004
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Growmore Logistics Private Limited, buy the company report.
Comprehensive company report
Growmore Logistics Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Growmore Logistics is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Growmore Logistics Private Limited, buy the company report.
Financials of Growmore Logistics Private Limited
FY 2024 filings availableGrowmore Logistics Private Limited reported revenue of ₹27.57 Cr (up 162% YoY) for FY 2025.
Revenue · FY 2025
₹27.57 Cr ▲ 162%
Net profit · FY 2025
₹14.68 Lakh margin 0.5%
EBITDA · FY 2025
₹2.09 Cr margin 7.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 162%
3 years · compounded
▲ 60%
5 years · compounded
▲ 370%
EBITDA CAGR growth
1 year
▲ 265%
3 years · compounded
▲ 35%
5 years · compounded
▲ 180%
Revenue has grown at a compounded annual rate (CAGR) of 370% over five years, including 162% growth in the latest year. EBITDA rose 265% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.68 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.6% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Growmore Logistics Private Limited, buy the company report.
Board of directors of Growmore Logistics Private Limited
Growmore Logistics has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hirenpal Singh Deora | Director | 24 Aug 2023 | 3 Years 2 Months | Current |
| Harishchandrasinh Ajitsinh Sodha | Director | 04 Feb 2021 | 5 Years 9 Months | Current |
| Rishit Nilesh Bhanderi | Director | 04 Aug 2011 | 15 Years 3 Months | Current |
Auditor
Growmore Logistics Private Limited is audited by Bordia Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bordia Shah & Associates | FY 2023 | 140837W |
Shareholding
The shareholding of Growmore Logistics Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Growmore Logistics Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13.88 Cr
Satisfied charges
₹9.98 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101183759 | Axis Bank Limited | ₹13.8 Lakh | Open | |
| 29 Sep 2025 | 101180927 | Axis Bank Limited | ₹70 Lakh | Open | |
| 29 Sep 2025 | 101168857 | Hdfc Bank Limited | ₹2.11 Cr | Open | |
| 16 Jun 2025 | 101107649 | Hdfc Bank Limited | ₹8.57 Lakh | Open | |
| 29 Nov 2024 | 101008585 | Hdfc Bank Limited | ₹30.89 Lakh | Open |
To see the full charge records of Growmore Logistics Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Growmore Logistics Private Limited has 1 court case on record: 1 filed by Growmore Logistics. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Udaipur, Rajasthan | Court case (Cr. Misc. Cases) | Filed by the company against State | Disposed |
To see the full case history of Growmore Logistics Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Growmore Logistics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growmore Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECG4773H1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Growmore Logistics Private Limited, buy the company report.
Recent activity
Growmore Logistics Private Limited has 8 board changes on record since 2011: 3 appointments and 5 cessations. The latest: Hirenpal Singh Deora ceased to be Additional Director on 28 Sep 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 13.80 Lakh with Charge ID 101183759 was registered on 16 Oct 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 70.00 Lakh with Charge ID 101180927 was registered on 29 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 211.28 Lakh with Charge ID 101168857 was registered on 29 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.57 Lakh with Charge ID 101107649 was registered on 16 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.89 Lakh with Charge ID 101008585 was registered on 29 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 8.50 Lakh with Charge ID 101010504 was registered on 20 Nov 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 36.00 Lakh with Charge ID 101010498 was registered on 15 Nov 2024.
Charges
A charge with Others amounted to Rs. 235.00 Lakh with Charge ID 101011665 was registered on 29 Oct 2024.
AGM
Growmore Logistics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 180.00 Lakh with Charge ID 100975731 was registered on 03 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 36.00 Lakh with Charge ID 100903820 was registered on 12 Apr 2024.
Filing
Growmore Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
18 earlier events are in the company report.
Frequently asked questions
Growmore Logistics is an active private limited company based in Jamnagar, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 04 August 2011 (15+ years old) and is registered under CIN U63040GJ2011PTC066637.
Growmore Logistics has 3 current directors:
- Hirenpal Singh Deora - Director
- Harishchandrasinh Ajitsinh Sodha - Director
- Rishit Nilesh Bhanderi - Director
The latest financial statements of Growmore Logistics on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Growmore Logistics is 24AAECG4773H1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Growmore Logistics is U63040GJ2011PTC066637. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growmore Logistics has 1 court case on record: 1 filed by the company.
Growmore Logistics was incorporated on 04 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hirenpal Singh Deora ceased to be Additional Director on 28 Sep 2023. Hirenpal Singh Deora was appointed as Director on 24 Aug 2023. Kusumben Nileshbhai Bhanderi ceased to be Director on 24 Aug 2023. Growmore Logistics has 8 board changes on record in total.
Yes, Growmore Logistics is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-10-0003860).
Growmore Logistics can be reached through the website growmorebrass.com. Its registered office is in Jamnagar, Gujarat, India.
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